The March 2017 Budget detailed several measures in relation to overseas pension schemes. These reforms, contained in the Finance Act 2017, aim to permit tax free transfers where people have a genuine reason to move their...more
The European General Data Protection Regulation (GDPR) will apply directly in the UK from 25 May 2018, and will make some fundamental changes to the current requirements surrounding data protection. Key areas of change...more
7/10/2017
/ Data Breach ,
Data Protection ,
Employee Benefits ,
General Data Protection Regulation (GDPR) ,
International Data Transfers ,
Pension Schemes ,
Personal Data ,
Popular ,
Retirement Plan ,
Risk Management ,
Trustees ,
UK
Cybersecurity and protection of personal data are increasingly to the forefront of concerns for pension trustees. The European General Data Protection Regulation (GDPR), applicable in the UK from 2018, will impose additional...more
7/10/2017
/ Cybersecurity ,
Data Protection ,
Employee Benefits ,
General Data Protection Regulation (GDPR) ,
International Data Transfers ,
Mobile Device Management ,
Pension Schemes ,
Personal Data ,
Popular ,
Retirement Plan ,
Risk Management ,
Trustees ,
UK
The Pensions Schemes Act 2017 was passed on 27 April 2017 and, as expected, makes provision for the authorisation of master trusts. Many details of the new requirements and procedures will be set out in regulations. The...more
2017/18 is the third year in the Pension Protection Fund (PPF)'s levy "triennium" under the new levy framework.
Trustees who wish to reduce their pension scheme's risk-based levy by taking account of contingent assets or...more
New legislation will cause master trusts to be subject to a detailed authorisation process and ongoing scrutiny by the Pensions Regulator. As currently drafted, the new provisions will catch non-associated multiemployer...more